ARGENTINA

Facebook to connect 1 billion users by 2012

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Social networking site Facebook will touch one billion users by 2012 and the fastest growth is coming from Brazil, with Facebook picking up another 1.9 million users in May, according to statistics site Social Bakers.
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After Strauss-Kahn, IMF should go for fundamental strategy rethink: AEI

History will remember Dominique Strauss-Kahn as a man who put the International Monetary Fund (IMF) on the road to decline, and that the new leadership should bring about a fundamental rethink of the fund's economic programs for the European periphery, leading think tank American Enterprise Institute has said.
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Brazil to slap barriers on car imports

Brazil will apply non-tariff trade barriers on cars in an effort to protect domestic manufacturers, the government said on Thursday, in a new example of escalating protectionism in South America.
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Zynga buys iPhone game engine development team

Zynga Inc is hiring two key developers of cocos2d, a popular game engine that powers top grossing iPhone apps such as Tap Pet Hotel and Tap Zoo in a move that will help the social games company boost its presence on smartphone and tablets.
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Zynga acquires iPhone game engine development team

Zynga Inc is acquiring two key developers of cocos2d, a popular game engine that powers top grossing iPhone apps such as Tap Pet Hotel, and Tap Zoo, in a move that will help the social games company boost its presence on smartphone and tablets.
Size Zero obsession goes global as stimatization of fat spreads from West across cultures

Size Zero obsession goes global

Indicating the distressing trend of size zero has gone global, a new research has found how stigmatization of fat and obesity has spread from western countries across more accepting cultures.
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Latin America pressed on rising inflation

The International Monetary Fund warned Latin America on Saturday that economies across the region are overheating, and Canada urged policymakers not to underestimate the risks from rising inflation.
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S.Africa tourism rises 15.1 pct in 2010 on World Cup

Boosted by the soccer World Cup, South Africa saw a record 15.1 percent increase in tourist arrivals in 2010 although the total of more than 8 million was not an all time-high, the tourism minister said on Tuesday.
Biogen Idec

Biogen Idec Stock Can Appreciate to Mid $70s: Analyst

Biogen Idec stock price can appreciate to the mid $70s based on five areas of potential upside, according to RBC Capital Markets. The brokerage upgraded its rating on shares of the biotechnology company to outperform from sector perform and increased its price target to $75 from $60.

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